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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Chris McConnel who wrote (17395)	12/31/2001 6:11:52 PM
From: sylvester80	Respond to of 99280

And you probably were expecting a rally today as well, didn't you? Testing something enough times and it'll break. Don't forget also all those gaps below waiting to be filled, and not to mention the fact that..... stocks are at overpriced bubble valuations. So what do you want to see? Even higher bubble valuations? Last time we were at those kind of valuations we corrected by 70%. Based on the current overpriced PEs we could see NAZ 1100-1200 going forward. IMO, this is still a bear market and the lows and the bottom is not yet in. Not by a long shot.